India's Rice Exports Surpass 198 Lakh Tonnes in FY25, Outpacing Previous Year

Team Finance Saathi

    02/Apr/2025

What's Covered Under the Article:

  1. India's rice exports in FY25 reached 198.65 lakh tonnes, surpassing FY24’s 163.58 lakh tonnes.

  2. Basmati rice exports stood at 59.44 lakh tonnes, while parboiled rice reached 90.44 lakh tonnes.

  3. Government monitors exports to ensure food security and stabilize domestic markets.

India's rice exports have seen a remarkable surge in FY25, reaching 198.65 lakh tonnes (19.86 million tonnes) between April 1, 2024, and March 25, 2025. This marks a significant increase from 163.58 lakh tonnes in FY24, reflecting India's growing dominance in the global rice trade. The announcement was made by Minister of State for Consumer Affairs, Food & Public Distribution, Ms. Nimuben Jayantibhai Bambhaniya, in the Rajya Sabha, highlighting the government's efforts in balancing exports with domestic food security.

Breakdown of India's Rice Exports in FY25

India exports a variety of rice types, with basmati rice and parboiled rice leading the way. Here’s how the exports were distributed:

  • Basmati Rice: 59.44 lakh tonnes

  • Parboiled Rice: 90.44 lakh tonnes

  • Non-Basmati White Rice: 33.23 lakh tonnes

  • Broken Rice: 7.95 lakh tonnes

  • Other Rice Varieties: 7.59 lakh tonnes

This growth in exports underscores India's strong agricultural output and global demand for its rice varieties.

Comparison with FY24 Exports

In the previous financial year (FY24), India's total rice exports stood at 163.58 lakh tonnes, broken down as follows:

  • Basmati Rice: 52.43 lakh tonnes

  • Parboiled Rice: 75.7 lakh tonnes

  • Non-Basmati White Rice: 23.6 lakh tonnes

  • Broken Rice: 5.49 lakh tonnes

  • Other Rice Varieties: 6.36 lakh tonnes

Comparing the two years, basmati rice exports grew by 7.01 lakh tonnes, while parboiled rice exports surged by 14.74 lakh tonnes. Other rice categories also witnessed substantial increases, highlighting India’s expanding footprint in the international rice market.

Factors Behind the Rise in Rice Exports

  1. Higher Global Demand: Nations across Africa, the Middle East, and Southeast Asia continue to import Indian rice due to its quality and competitive pricing.

  2. Government Policies: Despite export restrictions on certain varieties like non-basmati white rice, India continues to dominate the global market through targeted exports.

  3. Increased Domestic Production: India’s rice production has remained robust, ensuring sufficient supply for both domestic consumption and exports.

India’s Rice Export Policies and Government Oversight

The Indian government closely monitors rice exports to maintain food security and market stability. Certain export restrictions have been imposed to control inflation and ensure adequate domestic supply.

  • Ban on Non-Basmati White Rice Exports: Introduced to curb rising domestic prices, though some exceptions exist for government-to-government deals.

  • Export Duties on Parboiled Rice: Aimed at balancing exports and domestic supply.

  • Stock Limits for Traders: Implemented to prevent hoarding and price manipulation in the domestic market.

Despite these regulations, India remains the world's largest rice exporter, accounting for nearly 40% of global rice trade.

Economic Impact of Increased Rice Exports

The surge in rice exports benefits multiple stakeholders in India's agricultural sector:

  • Farmers: Increased exports lead to better prices for paddy farmers, ensuring higher incomes.

  • Miller & Traders: The demand for rice boosts operations and profitability across the supply chain.

  • Foreign Exchange Earnings: The rise in rice exports strengthens India’s forex reserves and trade balance.

Future Outlook for India’s Rice Exports

India’s rice exports are expected to remain strong in the coming years, with key factors influencing the market:

  • Sustained Global Demand: Countries facing food shortages will continue importing Indian rice.

  • Government Policy Adjustments: Potential relaxation of restrictions could boost exports further.

  • Climatic Conditions: A good monsoon season will ensure stable production, supporting exports.

Conclusion

India’s rice exports in FY25 crossed 198.65 lakh tonnes, marking a significant jump from 163.58 lakh tonnes in FY24. With strong demand for basmati and parboiled rice, India remains a dominant player in the global rice market. While the government continues to monitor exports to safeguard domestic food security, India’s position as the leading rice exporter is set to strengthen further in the coming years.

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